Corporates

Rieter To Acquire Barmag For CHF 713 Million

Textile Insights May 6, 2025

Rieter has signed a definitive agreement to acquire Barmag, a division of OC Oerlikon, for an upfront equity purchase price of CHF 713 million. This strategic acquisition will position Rieter as a global leader in both natural and manmade fiber technologies and significantly accelerate the

Machinery

Barmag Showcases Sustainable Textile Technologies At SaigonTex 2025

Textile Insights February 27, 2025

Barmag, a subsidiary of the Swiss Oerlikon Group, will present its advanced textile solutions at SaigonTex 2025 from April 9-12 in Ho Chi Minh City, Vietnam. Visitors at Hall A, Stand 1J01 can explore sustainable and efficient technologies from Oerlikon Barmag, Oerlikon Neumag, and Oerlikon Nonwoven, with a focus on recycling, digitalization, and high-performance yarn […]

Technical Textile & Nonwoven

Technical Textiles On The Growth Path In India

Textile Insights September 9, 2024

The technical textiles sector in India is increasingly being recognized as a key future market. Since 2013, this dynamic sector has grown at an average rate of 12% annually, now accounting for approximately 13% of the entire Indian textile and clothing market, according to Invest India, a government organization. Over the past decade, the market […]

Machinery

Chinese Company Opts For Oerlikon’s Polycondensation System

Textile Insights May 17, 2024

To increase its production capacity, recycled polyester yarn manufacturer FixDye has opted for polycondensation system manufacturer Oerlikon Barmag Huitong Engineering (OBHE). “Oerlikon Barmag Huitong Engineering’s polycondensation systems stand for the best downstream performance and a reduced environmental footprint,” Oerlikon Barmag said in a press release. The Chinese

Financial Results

Oerlikon Group Sales Drop 7.4% To CHF 2,693 Million In 2023

Textile Insights February 22, 2024

Oerlikon Group sales dropped 7.4 percent year on year to CHF 2,693 million in 2023, which includes a negative foreign exchange (FX) headwind of 6 percent and a 4.5 percent positive impact from Riri acquisition. Group order intake last year decreased 17.8 percent over a year ago period to CHF 2,457 million. Adjusted for FX […]

Machinery

Oerlikon Barmag Commissions FDY Plant At Garden Silk Mills

Textile Insights February 14, 2024

Oerlikon Barmag has successfully commissioned a new polyester yarn production facility at Garden Silk Mills in Surat, particularly to produce FDY yarns. According to the German company, the setting up of the mill with 216 WINGS FDY spinning units was accompanied by extensive engineering work. The FDY yarn expansion project at Garden Silk Mills marks […]

Machinery

Nanshan Opts For Oerlikon Barmag Nylon POY+DTY Technology

Textile Insights November 23, 2023

Oerlikon Barmag and Nanshan Fashion signed a strategic cooperation agreement for Nanshan Fashion’s latest nylon POY+DTY project in Shandong, China. The cooperation with Nanshan Fashion is Oerlikon Barmag’s first project to provide a complete solution for nylon filament. The scope of supply includes a complete set of equipment like chip drying, spinning, winding and

Sustainability

PET Recycling Takes Leap With Oerlikon Barmag Technology

Textile Insights July 5, 2023

PT. Kahatex, one of Indonesia’s biggest fabric manufacturers has commissioned the homogenisation technology provided by Oerlikon Barmag Huitong Engineering (OBHE), a joint venture between Oerlikon Barmag and Yangzhou Huitong Chemical Engineering Technique Co., Ltd. The system has a daily capacity of 25 tons for recycling popcorn and bottle flakes into textile quality chips